"Accumulated loss and debt kept on increasing due to several reasons which includes limitations of the scheme, limited participation of sta...

An overall net benefit of about Rs 823 crore would accrue to the state by opting to participate in UDAY, by way of savings in interest cost.

The securities will have a face value of Rs 100 issued in equal strips with a maturity at the end of 10th, 11th, 12th, 13th, 14th and 15th ...

The scheme provides for the balance debt of Rs 8684 crore to be re-priced or issued as state guaranteed DISCOM bonds, at coupon rates 3% le...

Under UDAY, the government has allowed states, which own discoms, to take over 75 pc of their debt as of September 30 and pay back lenders ...

Goyal said, "We will discuss today to replace all inefficient old agricultural pumps with Mark IV or V efficient pumps in Punjab."

The rating agency expects power demand to grow modestly at 4-5% and power generation at 5-6% in FY 2016-17, with deficits remaining low at ...

The scheme is optional and operationalised through signing of an MoU between state governments, state discoms and the Centre.

Jaitley today said a plan has been worked out by the Power Ministry and it would now discuss the same with the respective state governments...

The Centre is working in collaboration with states to find out a permanent solution to make stress of discoms a "thing of the past", Piyush...

Prime Minister Narendra Modi has called a meeting of power producers like NTPC and NHPC tomorrow to review their performance.

PM Modi met the top brass of power utilities, particularly electricity distribution companies (discoms), to discuss the issue of their burg...

The combined debt of the power discoms is over Rs 3 lakh cr. Faced with acute financial stress, many of these discoms are unable to buy pow...

The Cabinet Committee had earlier approved a Scheme for Financial Restructuring of State Distribution Companies.

Pitching for periodic tariff revisions, the central bank said losses of discoms have also raised "serious concerns" for banks and financial...

At least 18 states have announced significant tariff increases during the period, with Tamil Nadu proposing as much as 37 per cent hike.

After announcing a debt restructuring package for the state electricity boards, the government today said it would bring a draft model bill...